Category: Insolvency News
The decision from the appeal against the Ontario Appeals Court decision has not yet been released. it appears that the Supreme Court of Canada heard the case yesterday but have reserved their decision – so we anticipate hearing the final result in the foreseeable future. Many bankrupts are waiting with baited breath in the hopes […]
You may be affected by the introduction of new mortgage rules. New mortgage qualifying rules will affect many Canadians, especially those with little or no money down and with relatively low incomes. The rules will have the greatest impact on Realtors by cooling off the market as less people qualify for financing. This will likely […]
Busque nuestro artículo y el anuncio acompañante en la revista Latina sobre el 31 de enero y 15 de febrero. El artículo será en un formato de preguntas y respuestas y responderá a muchas preguntas comunes y conceptos erróneos acerca de la insolvencia. En Locke Consulting Inc. tratamos de hablar un poco de español.
IRD – Interest Rate Differential When you meet your banker to sign for your mortgage you probably don’t have enough time to read through the entire document, and even if you did it is unlikely you would understand it all anyway. Similary when you meet with your lawyer s/he is also unlikely to go through […]
CORPORATE TAXES IN DECLINE – INDIVIDUAL TAXES UP When Prime Minister Stephen Harper came to power in 2006, the federal corporate tax rate was 21 per cent. That was down from 24.5 per cent in 1990 and 30 per cent in 1980. Ottawa reduced it to 19 per cent in 2009, 18 per cent in […]